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Lehman Brothers Mortgage-Backed Securities Index |
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Lehman Brothers Mortgage-Backed Securities Index A benchmark index that includes 15- and 30-year fixed-rate securities backed by mortgage pools of the Government National Mortgage Association (GNMA), Federal Home Loan Mortgage Corporation (FHLMC), and Federal National Mortgage Association (FNMA). Lehman Brothers Mortgage-Backed Securities Index An index that tracks mortgage-backed securities. Specifically, it tracks securities backed by Ginnie Mae, Freddie Mac, and Fannie Mae with 15-year and 30-year maturities. It is a subset of the Lehman Brothers Aggregate Bond Index. Following Lehman Brothers' bankruptcy, it began to be managed by Barclays. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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